November 14, 2018
McLean, Va. – In an ever-changing financial regulatory environment, the U.S. Securities and Exchange Commission (SEC) must constantly leverage technological capabilities to meet the commission’s evolving business needs. To keep pace with the SEC’s demand for integrated technology solutions, the Office of Information Technology (OIT) awarded Booz Allen Hamilton (NYSE: BAH) a spot on a competitive $2.5 billion indefinite delivery, indefinite quantity (IDIQ) contract in May to provide comprehensive IT services to the SEC over a 10-year period. The OneOIT contract allows Booz Allen to support a broad range of IT services designed to bolster the SEC’s three-part mission to protect investors, maintain fair, orderly and efficient markets, and facilitate capital formation.
“We are honored to expand our relationship with the SEC to deliver a full suite of integrated IT solutions over the next decade in support of the commission’s IT modernization and transformation journey,” said Jeff Fossum, senior vice president at Booz Allen. “OneOIT paves the way for a continued, long-term relationship with the SEC and will enable us to leverage our team’s broad digital solutions, analytics and cybersecurity capabilities, as well as Booz Allen’s deep consulting heritage, to further the SEC’s mission.”
Read more about Booz Allen’s expertise in applying innovative digital solutions to support the federal government, here.